FY2026 Fair Market Rents — Shenandoah County
Studio
$849
1BR
$855
2BR
$1,091
3BR
$1,394
4BR
$1,523
Shenandoah County, Virginia
FIPS 51171 · County-level FMR and income limit data
FMR Area: Shenandoah County, VA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $849 | $10,188 |
| 1-Bedroom | $855 | $10,260 |
| 2-Bedroom | $1,091 | $13,092 |
| 3-Bedroom | $1,394 | $16,728 |
| 4-Bedroom | $1,523 | $18,276 |
To afford the FY2026 2-bedroom FMR of $1,091/mo under the 30%-of-income rule, a household needs about
$43,640/yr ($3,637/mo). Area Median Income is $88,500.
At VA's state minimum wage of $12.41/hr, a worker would need to work 68 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $849 | $855 | $1,091 | $1,394 | $1,523 |
| FY2025 | $734 | $816 | $1,071 | $1,420 | $1,453 |
| FY2024 | $754 | $848 | $1,113 | $1,488 | $1,494 |
| FY2023 | $650 | $747 | $972 | $1,368 | $1,373 |
| FY2022 | $550 | $635 | $828 | $1,176 | $1,258 |
| FY2021 | $544 | $629 | $824 | $1,179 | $1,346 |
| FY2020 | $547 | $637 | $839 | $1,201 | $1,394 |
FY2026 Income Limits
Area Median Income: $88,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,600 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,000 | $35,400 | $39,850 | $44,250 | $47,800 | $51,350 |
| 80% AMI | $49,600 | $56,650 | $63,750 | $70,800 | $76,500 | $82,150 |